CTH Group and Alibaba Cloud Sign MOU to Drive Web3 Evolution

On Jan 9th, 2023, CTH Group has signed an MOU with Alibaba Cloud, the digital technology and intelligence backbone of Alibaba Group, to drive Web3 evolution together.

At the 2023 Alibaba Cloud Singapore Summit held in Shangri-La Singapore, our very own Founder and Chairman of CTH Group and Atlas, Raymond Yuan and General Manager of Singapore, South Asia and Thailand, Alibaba Cloud Intelligence, Derek Wang announced the strategic partnership. CTH group is one of the first batch of global Web3 partners with Alibaba Cloud.

Deep-rooted in Singapore, CTH and Alibaba Cloud, the world’s third leading and Asia Pacific’s leading infrastructure as a service (IaaS) service provider, will explore potential cooperations in business development such as high-performance cloud computing, and Tech-For-Good initiatives such as Web3 education activities.

At the summit, Raymond also delivered a keynote speech with the topic "How we are Embracing the New Era of Web3". He shared his insights on the fast-growing but still young Web3 industry and made 3 key points, which is 3 "P"s. Be Practical. Be Patient. Be Positive!